Los Andes Copper (CVE:LA) Sets New 1-Year High – Here’s Why

Los Andes Copper Ltd. (CVE:LAGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as C$17.60 and last traded at C$17.60, with a volume of 45343 shares trading hands. The stock had previously closed at C$17.10.

Los Andes Copper Stock Up 3.8%

The company has a 50 day moving average price of C$10.82 and a two-hundred day moving average price of C$8.81. The company has a debt-to-equity ratio of 16.87, a current ratio of 34.50 and a quick ratio of 1.15. The stock has a market cap of C$524.46 million, a PE ratio of 147.92 and a beta of 0.02.

About Los Andes Copper

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Los Andes Copper Ltd. acquires, explores, and develops copper deposits in Latin America. It operates through Mineral Exploration and Hydroelectric Project segments. The company holds a 100% interest in the Vizcachitas copper, molybdenum, and silver porphyry project located north of Santiago, Region V, Chile. It is also involved in the development of a hydroelectric project. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.

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